Most of this is not happening they just have not pulled down beyond June yet. Not sure why the guy on Routes.net keeps doing that!

The biggest issue I’m facing is for May travel, UAL has so scaled back the hub-hub frequency that many of the destinations have become 3 stoppers for me and an all day journey. Just a couple of filler E175 or E145’s from IAH to DEN would help bunches

Once those first few states give the greenlight this week, I will be looking forward to seeing those seats fill up

Many of the longhaul flights showing June 4 resumption won't happen. They just have not worked the schedule that far and simply pushed schedules from early May to early June instead.

sldispatcher wrote:

The biggest issue I’m facing is for May travel, UAL has so scaled back the hub-hub frequency that many of the destinations have become 3 stoppers for me and an all day journey. Just a couple of filler E175 or E145’s from IAH to DEN would help bunches

Once those first few states give the greenlight this week, I will be looking forward to seeing those seats fill up

UA is not anticipating demand to return anytime soon based on the schedules. Folks will be skittish for a while stuck in a tube wondering if there is a virus carrier onboard.

Confidence should return once there is a good testing program in-place and people see sustained drops in new infections.

intotheair wrote:

Very interesting. As I predicted, SFO-CDG won't fly this summer (resumes 24 Oct). I'm surprised to see SFO-AMS/DUB/ZRH not only come back, but also in time for part of the summer. I guess I could have booked that SFO-ZRH flight I was thinking about after all.

As much as I would like SFO-AMS (and the rest) to return this year I would not count on that. UA has been slowly working at updating the schedules and more than likely they just haven't removed those flights from the schedule yet. They are basically rebuilding the schedule day by day from the bottom up....needless to say that takes a while.

Network suspension summary list I recently saw.
Obviously some of this is fictitious and will remain suspended for longer.


ATLANTIC

Amsterdam (AMS)
IAH: March 17 – October, 2020
ORD: March 20 – May 19, 2020
IAD: Suspended through October 2020
EWR: March 28 - May 3, 2020,
Service operates: May 4 - June 3, 2020
SFO: March 28 – October, 2020

Athens (ATH)
EWR: April 10 - June 30, 2020

Barcelona (BCN)
EWR: March 20 – June 3, 2020
IAD: Suspended for full summer season May - October, 2020

Berlin (TXL)
EWR: March 20 – June 3, 2020

Brussels (BRU)
ORD/IAD: March 20 – June 3, 2020
EWR: March 28 - June 3, 2020

Delhi (DEL)
SFO, EWR: March 23 – June 3, 2020

Dublin (DUB)
IAD: March 19 – October 2020
EWR: March 28 – June 3, 2020
ORD: March 28 – October 2020
SFO: April 10 - June 30, 2020

Edinburgh (EDI)
EWR: March 20 – June 3, 2020
IAD: April 10 - June 30, 2020
ORD: April 10 - June 30, 2020

Frankfurt (FRA)
DEN: March 17 - June 3, 2020
IAD: Suspended through May 3, 2020
Service operates May 4 - June 3, 2020
IAH: March 17 – June 3, 2020
ORD: March 20 – June 3, 2020
SFO: March 28 - June 3, 2020

Geneva (GVA)
IAD: March 17 – June 3, 2020
EWR: March 20 – June 3, 2020

Glasgow (GLA)
EWR: April 15, 2020 - October 2020

Lisbon (LIS)
EWR: March 22 – June 3, 2020
IAD: March 28 – June 30, 2020

London (LHR)
DEN, IAH: March 17 – June 3, 2020
ORD: March 20 - May 3, 2020
Service operates May 4 - June 3, 2020
LAX: March 20 – October 2020
SFO: March 28 - June 3, 2020

Madrid (MAD)
EWR: March 20 – June 3, 2020
IAD: Suspended for full summer season May -October, 2020

Manchester (MAN)
EWR: March 20 – October 2020

Milan (MXP)
EWR: March 17 – June 3, 2020

Mumbai (BOM)
EWR: Suspended through June 3, 2020

Munich (MUC)
IAH: March 17 – June 3, 2020
ORD, IAD: March 20 – June 3, 2020
SFO: March 23 - June 3, 2020
EWR: March 28 - June 3, 2020

Naples (NAP)
EWR: April 10 - June 30, 2020

Nice (NCE)
EWR: May 2 – October 2020

Paris (CDG)
EWR, IAD: March 17 - June 3, 2020
ORD, SFO: March 17 – October 2020

Palermo (PMO)
EWR: Suspended for full summer season May - October, 2020

Prague (PRG)
EWR: Suspended for full summer season May - October, 2020

Porto (OPO)
EWR: March 28 – June 30, 2020

Reykjavik (KEF)
EWR: Suspended for full summer season May - October, 2020

Rome (FCO)
EWR: March 17 – June 3, 2020
IAD: Suspended for full summer season May - October, 2020
ORD: Suspended for full summer season May - October, 2020

Shannon (SNN)
EWR: March 28 – October 2020

Stockholm (ARN)
EWR: Suspended for full summer season May - October, 2020

Tel Aviv (TLV)
SFO: March 22 – June 3, 2020
IAD: March 23 – October, 2020

Venice (VCE)
EWR: May 2 – June 30, 2020

Zurich (ZRH)
IAD: March 20 – June 3, 2020
EWR: March 22 – June 3, 2020
SFO: May 2 – June 30, 2020
ORD: Suspended for full summer season May - October, 2020

PACIFIC

Auckland (AKL)
SFO: March 22 - June 3, 2020

Beijing (PEK)
ORD, EWR, SFO: February 6 - June 3, 2020
IAD: February 6 - October, 2020

Chengdu (CTU)
SFO: February 6 - June 3, 2020

Fukuoka (FUK)
GUM: March 22 - June 3, 2020

Hong Kong (HKG)
EWR, SFO: February 8 - June 3, 2020

Melbourne (MEL)
LAX, SFO: March 22 - June 3, 2020

Manila (MNL)
GUM: March 22 - May 19, 2020

Nagoya (NGO)
GUM: March 29 - May 19, 2020

Osaka (KIX)
GUM: March 30 - June 3, 2020

Palau (ROR) - Manila (MNL)
GUM: March 22 - June 3, 2020

Pape'ete (PPT)
SFO: March 28 - June 3, 2020

Seoul (ICN)
SFO: Suspended through June 3, 2020

Shanghai (PVG)
ORD, EWR, LAX, SFO: February 6 - June 3, 2020

Singapore (SIN)
SFO: Suspended through June 3, 2020

Sydney (SYD)
IAH, LAX: March 22 - June 3, 2020

Taipei (TPE)
SFO: March 18 - May 19, 2020

Tokyo-Haneda (HND)
ORD, EWR, LAX, IAD: March 28 - June 3, 2020

Tokyo-Narita (NRT)
IAH, LAX: February 6 - June 3, 2020
HNL: March 28 - June 3, 2020
DEN: April 1 - June 3, 2020
GUM: April 10 - June 3, 2020

LATIN

Acapulco (ACA)
IAH: March 29 - May 30, 2020

Aguadilla (BQN)
EWR: March 29 – May 3, 2020
Service operates May 4 - May 19, 2020

Aguascalientes (AGU)
IAH: March 29 – June 3, 2020

Antigua (ANU)
EWR: April 11 - May 30, 2020

Aruba (AUA)
EWR, IAD, IAH, ORD: No later than March 25 (NOC may cancel earlier than 3/25) - May 30, 2020
EWR, IAH: Service operates May 4 - May 19, 2020

Belize (BZE)
ORD: March 29 - June 3, 2020
EWR: March 29 – June 3, 2020
Service operates May 4 - May 19, 2020
IAH: April 1 - May 19, 2020
Service operates May 4 - May 19, 2020

Bermuda (BDA)
EWR: Suspended through October 2020

Bogota (BOG)
EWR: No later than March 25 (NOC may cancel earlier than 3/25) - June 3, 2020
IAH: No later than March 25 (NOC may cancel earlier than 3/25) - May 3, 2020
Service operates May 4 - May 19, 2020

Bonaire (BON)
IAH: No later than March 25 (NOC may cancel earlier than 3/25) - May 31, 2020
EWR: Suspended through 5/30

Buenos Aires (EZE)
IAH: No later than March 25 (NOC may cancel earlier than 3/25) - June 4, 2020
Service operates 3x/weekly-May 4 - May 19, 2020

Cancun (CUN)
DEN, IAD, LAX, EWR, ORD: March 29 – June 3, 2020
IAH: April 15 - May 3, 2020
Service operates May 4 - May 19, 2020

Chihuahua (CUU)
IAH: March 29 – June 4, 2020

Cozumel (CZM)
IAH, DEN: March 29 – June 3, 2020
ORD: March 29 - May 19, 2020

Grand Cayman (GCM)
EWR, IAD, IAH, ORD: No later than March 25 (NOC may cancel earlier than 3/25) - May 30, 2020

Guadalajara (GDL)
IAH: Service operates May 4 - May 19, 2020

Guatemala City (GUA)
EWR: No later than March 25 (NOC may cancel earlier than 3/25) - June 3, 2020
IAD: Suspended through May 19, 2020
IAH: No later than March 25 (NOC may cancel earlier than 3/25) - May 3, 2020
Service operates: May 4 - May 19, 2020

Havana (HAV)
EWR, IAH: March 29 – June 3, 2020

Leon/del Bajio (BJX)
IAH: Service operates May 4 - May 19, 2020

Liberia (LIR)
EWR, ORD, DEN: No later than March 25 (NOC may cancel earlier than 3/25) - May 30, 2020
IAH: Suspended through June 4, 2020

Lima (LIM)
EWR, IAH: No later than March 25 (NOC may cancel earlier than 3/25) - May 19, 2020

Managua (MGA)
IAH: March 29 – June 4, 2020

Manzanillo (ZLO)
IAH: March 29 – May 19, 2020

Mazatlan (MZT)
IAH: April 11 - May 19, 2020

Merida (MID)
IAH: March 29 – June 4, 2020

Mexico City (MEX)
EWR, IAD, ORD: March 29 – June 3, 2020
IAD, SFO: Service operates May 4 - May 19, 2020

Montego Bay (MBJ)
IAD, ORD: No later than March 25 (NOC may cancel earlier than 3/25) - May 30, 2020
EWR, IAH: Service operates May 4 – May 19, 2020

Monterrey (MTY)
ORD: March 29 – June 3, 2020
IAH: Service operates May 4 - May 19, 2020

Morelia (MLM)
IAH: March 29 – June 3, 2020

Nassau (NAS)
ORD, IAD: March 29 – June 3, 2020
DEN: March 29 - May 30, 2020
IAH: March 29 - May 19, 2020
EWR: Service operates May 4 - May 19, 2020

Oaxaca (OAX)
IAH: March 29 – May 30, 2020

Panama City (PTY)
EWR & IAH: Service operates May 4 - May 19, 2020

Port of Spain (POS)
EWR, IAH: March 29 – June 3, 2020

Providenciales (PLS)
ORD, IAD, IAH: March 29 – May 30, 2020
EWR: April 1 - June 3, 2020

Puebla (PBC)
IAH: March 29 – June 3, 2020

Puerto Plata (POP)
EWR: March 29 – June 3, 2020

Puerto Vallarta (PVR)
DEN, EWR, LAX, ORD: Suspended through May 30, 2020
SFO: April 3 – June 2, 2020
IAH: April 15 - May 3, 2020
Service operates May 4 - May 19, 2020

Punta Cana (PUJ)
ORD, IAD, IAH: March 29 – May 30, 2020
EWR: Service operates May 4 - May 19, 2020

Queretaro (QRO)
IAH: March 29 - June 3, 2020

Quito (UIO)
IAH: No later than March 25 (NOC may cancel earlier than 3/25) - June 3, 2020

Rio de Janeiro (GIG)
IAH: March 29 - May 19, 2020

Roatan (RTB)
IAH: March 29 - May 30, 2020

Saint Kitts (SKB)
EWR: March 29 - May 19, 2020

Saint Lucia (UVF)
IAH: Suspended through May 30, 2020
EWR: April 11 - May 19, 2020

Saint Martin (SXM)
EWR, IAD, IAH: No later than March 25 (NOC may cancel earlier than 3/25) - May 30, 2020
ORD: Suspended through May 19, 2020

Saint Thomas (STT)
IAD: March 29 - May 3, 2020
IAD: Service operates May 4 - 19
ORD: March 29 - May 19, 2020
IAH, EWR: Service operates May 4 - May 19, 2020

San Jose (SJO)
IAD, ORD: No later than March 25 (NOC may cancel earlier than 3/25) - May 19, 2020
EWR: Suspended through June 3, 2020
IAH: No later than March 25 (NOC may cancel earlier than 3/25) - May 3, 2020
Service operates May 4 - 19, 2020

San Jose del Cabo (SJD)
EWR, ORD: March 29 - May 30, 2020
DEN, LAX: March 29 – June 3, 2020
SFO: April 3 – May 31, 2020
IAH: April 15 - May 3, 2020
Service operates May 4 - May 19, 2020

San Juan (SJU)
IAD, IAH, ORD: March 29 - June 3, 2020
EWR: Service operates May 4 - May 19, 2020

San Luis Potosi (SLP)
IAH: March 29 - June 3, 2020

San Pedro Sula (SAP)
EWR: No later than March 25 (NOC may cancel earlier than 3/25) - May 30, 2020
IAH: Suspended through June 3 2020

San Salvador (SAL)
EWR: Through May 30, 2020
IAH: Service operates May 4 - May 19, 2020

Santiago (SCL)
IAH: No later than March 25 (NOC may cancel earlier than 3/25) - May 19, 2020

Santiago de los Caballeros (STI)
EWR: March 29 - June 3, 2020

Santo Domingo (SDQ)
IAH: Service operates May 4 - May 19, 2020

Sao Paulo (GRU)
EWR, ORD: March 29 - June 3, 2020
IAD: Suspended through October 2020
IAH: Service operates May 4 - May 19, 2020

Tampico (TAM)
IAH: March 29 - June 3, 2020

Tegucigalpa (TGU)
IAH: No later than March 25 (NOC may cancel earlier than 3/25) - June 3, 2020

Veracruz (VER)
IAH: March 29 - June 3, 2020

Zihuatanejo (ZIH)
ORD: March 29 - May 19, 2020
IAH: March 29 - May 30, 2020

United just inked a deal for the sale/leaseback of 22 planes to Singapore-based Bank of China Aviation. I hope they're not robbing Peter to pay Paul too much with this deal although the cash should help them get by the next few months with a little more financial cushion.

"United Airlines (NASDAQ:UAL) has entered a sell and lease back deal with Bank of China Aviation for 22 planes that involves 6 Boeing 787-9 aircraft and 16 Boeing 737-9 MAX aircraft.

While the Singapore-based Bank of China Aviation did not reveal how much was the deal worth, it said that the planes will be leased back to United on long-term agreements."

https://seekingalpha.com/news/3561886-u ... ent=link-3

73G:
Future N18757 (currently N7706A) was delivered to UA on 16-Apr per FAA records. No formal delivery flight yet but currently at PAE.

jetblastdubai wrote:

United just inked a deal for the sale/leaseback of 22 planes to Singapore-based Bank of China Aviation. I hope they're not robbing Peter to pay Paul too much with this deal although the cash should help them get by the next few months with a little more financial cushion.

"United Airlines (NASDAQ:UAL) has entered a sell and lease back deal with Bank of China Aviation for 22 planes that involves 6 Boeing 787-9 aircraft and 16 Boeing 737-9 MAX aircraft.

While the Singapore-based Bank of China Aviation did not reveal how much was the deal worth, it said that the planes will be leased back to United on long-term agreements."

https://seekingalpha.com/news/3561886-u ... ent=link-3

I don't think UA can be too worried about total cost of ownership over the 30-year life right now. It's like telling a 30-yr old single mom she needs to be saving for retirement when she's trying to feed her kids this week. UA's strategy for 2023 is to try to be around to see 2023.

United Airlines will sell and lease back 16 Boeing 737 MAX 9s and six Boeing 787-9s to BOC Aviation.

The price for the purchase isn't clear but the aircraft will be leased back to United on long-term agreements.

https://www.reuters.com/article/us-unit ... SKBN2210HI

I believe Cathay Pacific recently sold 6 777-300ERs to BOC Aviation and will lease them back. I guess we'll see more airlines do this?

Ishrion wrote:

United Airlines will sell and lease back 16 Boeing 737 MAX 9s and six Boeing 787-9s to BOC Aviation.

The price for the purchase isn't clear but the aircraft will be leased back to United on long-term agreements.

https://www.reuters.com/article/us-unit ... SKBN2210HI

I believe Cathay Pacific recently sold 6 777-300ERs to BOC Aviation and will lease them back. I guess we'll see more airlines do this?

Yeah we will see a lot this from all of the airlines over the coming weeks/months.

UA mentioned they have roughly $20 billion in unencumbered assets they can mortgage if they need to so this is the start of drawing down on that.

Ishrion wrote:

United Airlines will sell and lease back 16 Boeing 737 MAX 9s and six Boeing 787-9s to BOC Aviation.

The price for the purchase isn't clear but the aircraft will be leased back to United on long-term agreements.

https://www.reuters.com/article/us-unit ... SKBN2210HI

I believe Cathay Pacific recently sold 6 777-300ERs to BOC Aviation and will lease them back. I guess we'll see more airlines do this?

Pretty risky transaction for BOC. The airlines could file Ch11 if this goes on for a while.

lightsaber wrote:

enilria wrote:

Ishrion wrote:

United Airlines will sell and lease back 16 Boeing 737 MAX 9s and six Boeing 787-9s to BOC Aviation.

The price for the purchase isn't clear but the aircraft will be leased back to United on long-term agreements.

https://www.reuters.com/article/us-unit ... SKBN2210HI

I believe Cathay Pacific recently sold 6 777-300ERs to BOC Aviation and will lease them back. I guess we'll see more airlines do this?

Pretty risky transaction for BOC. The airlines could file Ch11 if this goes on for a while.

I would bet terms reflect risk. Leasing companies make money off transactions. BOC is expanding in a down market:
https://www.flightglobal.com/strategy/b ... 81.article

Yes, that link shows poor payments last quarter. This is the long game.

Lightsaber

Thank you for the link.

lightsaber wrote:

enilria wrote:

Ishrion wrote:

United Airlines will sell and lease back 16 Boeing 737 MAX 9s and six Boeing 787-9s to BOC Aviation.

The price for the purchase isn't clear but the aircraft will be leased back to United on long-term agreements.

https://www.reuters.com/article/us-unit ... SKBN2210HI

I believe Cathay Pacific recently sold 6 777-300ERs to BOC Aviation and will lease them back. I guess we'll see more airlines do this?

Pretty risky transaction for BOC. The airlines could file Ch11 if this goes on for a while.

I would bet terms reflect risk. Leasing companies make money off transactions. BOC is expanding in a down market:
https://www.flightglobal.com/strategy/b ... 81.article

Yes, that link shows poor payments last quarter. This is the long game.

Lightsaber

I'm sure the terms are favorable to BOC right now but I don't this is that high risk for BOC either. I don't think UA, DL or WN are going to need to file BK but even if they did and were too walk away or renegotiate the leases. 787-9s and even the 737-9s are going to be fairly easy to place at another carrier.

United1 wrote:

UA mentioned they have roughly $20 billion in unencumbered assets they can mortgage if they need to so this is the start of drawing down on that.

The problem with that $20 Billion number is just what's unencumbered and monetizable at this time. Gates in Chicago? There will be plenty of gates most everywhere. The value of the brand? Hah hah hah! Mileage Plus has no value outside of a mailing list if there's no operating airline.

On March 9, in its term loan of $2 Billion, UA agreed to a collateral coverage ratio not to fall under 1.60 to 1, so they've already signed up to borrowing no more than $6.25 Billion per $10 Billion in assets.

There's a presentation attached to a prospectus for a notes offering from a year ago where UA put an unencumbered value of just $7.5 Billion on the ~425 available aircraft.

There's no way they can squeeze anything close to the $20 Billion book value of these unencumbered assets today.

MIflyer12 wrote:

United1 wrote:

UA mentioned they have roughly $20 billion in unencumbered assets they can mortgage if they need to so this is the start of drawing down on that.

The problem with that $20 Billion number is just what's unencumbered and monetizable at this time. Gates in Chicago? There will be plenty of gates most everywhere. The value of the brand? Hah hah hah! Mileage Plus has no value outside of a mailing list if there's no operating airline.

On March 9, in its term loan of $2 Billion, UA agreed to a collateral coverage ratio not to fall under 1.60 to 1, so they've already signed up to borrowing no more than $6.25 Billion per $10 Billion in assets.

There's a presentation attached to a prospectus for a notes offering from a year ago where UA put an unencumbered value of just $7.5 Billion on the ~425 available aircraft.

There's no way they can squeeze anything close to the $20 Billion book value of these unencumbered assets today.

You are not wrong that the value of any asset is based upon what people will pay for it not what the book value is. However I think you are grossly underestimating the value of UAs assets. Please note they (nor I) were not taking about UAs brand even though that would be worth quite a bit if UA ever were to liquidate.)

Also Millage Plus is far more valuable then I think you realize....look at Aeroplan for example.

319:
N882UA - Delivered to UA on 16-Apr per FAA records. Currently in XMN undergoing induction modifications
N872UA - Delivered to UA on 11-Mar per FAA records. Currently in XMN undergoing induction modifications

73G:
Future N18757 (currently N7706A) was delivered to UA on 16-Apr per FAA records. No formal delivery flight yet but currently at PAE.

739:
N67846 - Confirmed with ViaSat wifi

tphuang wrote:

enilria wrote:

Ishrion wrote:

United Airlines will sell and lease back 16 Boeing 737 MAX 9s and six Boeing 787-9s to BOC Aviation.

The price for the purchase isn't clear but the aircraft will be leased back to United on long-term agreements.

https://www.reuters.com/article/us-unit ... SKBN2210HI

I believe Cathay Pacific recently sold 6 777-300ERs to BOC Aviation and will lease them back. I guess we'll see more airlines do this?

Pretty risky transaction for BOC. The airlines could file Ch11 if this goes on for a while.

It’s a bad sign for airlines if this and cares loans are the only source of liquidity left for them.

These are, of course, extraordinarily bad times... even reasonably healthy airlines (entering this crisis) are running out of commercial lending options.

Things like Mileage Plus are EXTREMELY valuable. When the financial crisis in 2008 hit, that was one option considered spinning off Mileage Plus. Things like the customer base, the habits of that customer base, credit card data, etc are hugely valuable to a company and worth serious coin if ever put up for bids. One of the ways UA raised liquidity in 2008 was re-doing a deal with Chase, who had the branded MP credit cards, and was able to raise millions in dollars. And the only major condition for the deal was UA could not have less than 1.2 billion in unrestricted cash on hand, a number they never got close to reaching.

It isn’t robbing Peter to pay Paul, either. A large corporations ability to raise liquidity in times like these is hugely important and is often times why one is able to survive and others drown. A perfect example is Ford raising money during 2006 before the lending markets dried up (even mortgaged the logo) which helped them starve off Chapter 11 while GM and Chrysler had to file.

319:
N896UA confirmed with 12F mod completion - 8 to go and most in stations where mods being completed

763:
N647UA exited ILN maint 2761/18Apr, in IAH, parked or stored

Parked/Stored stats https://sites.google.com/site/unitedfle ... ris-update
Wide: 53 units in Operation (mostly 77W/789/78X), 119 stored for more than 14 days, 26 parked 14 days or fewer
Narrow: 142 in Operation (752PW and 739A stored), 225 stored for more than 14 days, 195 parked 14 days or fewer (only 4 752s operating)

The fleet changes, fleet status, and repaint status posts at the start of this thread have been updated.

There is also a post dedicated to keeping track of stored mainline aircraft.

✈️ atcsundevil

Reuters: United Airlines sells $1 billion of stock in fresh move to weather pandemic

United Airlines Holdings Inc on Tuesday announced a public offering to raise more than $1 billion, the first major airline to sell equity to help it survive a sharp travel downturn in the coronavirus pandemic.

So far they've borrowed $2b, gotten $5b from the government, done a leaseback of 22 aircraft, and are now offering new stock. They're really pulling out all the stops to ensure liquidity.

And keeping everyone on property at full pay!

KFTG wrote:

And keeping everyone on property at full pay!

It has been made clear multiple times this can only be promised until September 30th ...so far.. After that will depend on people traveling again.

LGeneReese wrote:

KFTG wrote:

And keeping everyone on property at full pay!

It has been made clear multiple times this can only be promised until September 30th ...so far.. After that will depend on people traveling again.

Which is in and of itself, amazing to keep that many people on payroll for nearly 6 months. I hope for the best for the UA team. I'm impressed with the agility to do things rather quickly (cargo flights) and pulling out all the financial levers (stock, sell/leaseback, etc.). What's next? Let's hope it's more good business decisions (sell/scrap 757's, CRJ's) and not some of the errors of the past (outsourcing, etc.).

319:
N889UA exited DLH 2758/21Apr in 12F/36E+/78Y configuration
67 of 74 complete.

fun2fly wrote:

LGeneReese wrote:

KFTG wrote:

And keeping everyone on property at full pay!

It has been made clear multiple times this can only be promised until September 30th ...so far.. After that will depend on people traveling again.

Which is in and of itself, amazing to keep that many people on payroll for nearly 6 months. I hope for the best for the UA team. I'm impressed with the agility to do things rather quickly (cargo flights) and pulling out all the financial levers (stock, sell/leaseback, etc.). What's next? Let's hope it's more good business decisions (sell/scrap 757's, CRJ's) and not some of the errors of the past (outsourcing, etc.).

only amazing b/c of the government bailout/loan. if not for that, massive layoffs. Even so, there will be large layoffs come October unfortunately.

adamblang wrote:

Reuters: United Airlines sells $1 billion of stock in fresh move to weather pandemic

United Airlines Holdings Inc on Tuesday announced a public offering to raise more than $1 billion, the first major airline to sell equity to help it survive a sharp travel downturn in the coronavirus pandemic.

So far they've borrowed $2b, gotten $5b from the government, done a leaseback of 22 aircraft, and are now offering new stock. They're really pulling out all the stops to ensure liquidity.

United expects a 2.1 billion dollar loss. Holy sh#t.

avi8 wrote:

adamblang wrote:

Reuters: United Airlines sells $1 billion of stock in fresh move to weather pandemic

United Airlines Holdings Inc on Tuesday announced a public offering to raise more than $1 billion, the first major airline to sell equity to help it survive a sharp travel downturn in the coronavirus pandemic.

So far they've borrowed $2b, gotten $5b from the government, done a leaseback of 22 aircraft, and are now offering new stock. They're really pulling out all the stops to ensure liquidity.

United expects a 2.1 billion dollar loss. Holy sh#t.

Should be quite interesting to see what the other three’s numbers are going to be.

avi8 wrote:

adamblang wrote:

Reuters: United Airlines sells $1 billion of stock in fresh move to weather pandemic

United Airlines Holdings Inc on Tuesday announced a public offering to raise more than $1 billion, the first major airline to sell equity to help it survive a sharp travel downturn in the coronavirus pandemic.

So far they've borrowed $2b, gotten $5b from the government, done a leaseback of 22 aircraft, and are now offering new stock. They're really pulling out all the stops to ensure liquidity.

United expects a 2.1 billion dollar loss. Holy sh#t.

UA expects about a billion dollar loss from operations.

The other $1.1 billion are losses based on UA writing off the value of a couple of investments. A big chunk of that being Avianca...doesn't mean that the value of that investment will end up being nothing but that loan is in default so UA has to revalue it. Allows UA to do a few things one of the biggest is write it off on their taxes.

The 8K that came out a couple of days ago was NOT UAs final earnings release...

United Hawaii exemption request may have been denied or UA expects a denial. If the exemption is officially denied UA will operate tag on flights out of SFO to Hawaii.

SFO-LIH-KOA-SFO
SFO-OGG-ITO-SFO

[*]

jayunited wrote:

United Hawaii exemption request may have been denied or UA expects a denial. If the exemption is officially denied UA will operate tag on flights out of SFO to Hawaii.

SFO-LIH-KOA-SFO
SFO-OGG-ITO-SFO

All of the requested non-seasonal exemptions have tentative service in the May schedule. If the DOT grants, they’ll pull the flying.

There’s also RSW-EYW, SAV-HHH, CHS-MYR-ORD and ANC-FAI filed for now.

jayunited wrote:

United Hawaii exemption request may have been denied or UA expects a denial. If the exemption is officially denied UA will operate tag on flights out of SFO to Hawaii.

SFO-LIH-KOA-SFO
SFO-OGG-ITO-SFO

Good move putting longer runway airports on the Hawaii-SFO legs. No need for a 752 on either round robin

calpsafltskeds wrote:

jayunited wrote:

United Hawaii exemption request may have been denied or UA expects a denial. If the exemption is officially denied UA will operate tag on flights out of SFO to Hawaii.

SFO-LIH-KOA-SFO
SFO-OGG-ITO-SFO

Good move putting longer runway airports on the Hawaii-SFO legs. No need for a 752 on either round robin

An empty 738 to SFO is a non-issue for any of the mainline airports in Hawaii... doubt runway length was even a consideration. UA was flying 737s LIH-SFO/LAX before the meltdown.

United's new livery was revealed one year ago on this day.

Ishrion wrote:

United's new livery was revealed one year ago on this day.

Has it really been that long? Wow. They've only done 10% of the regional fleet, and less than 10% of the mainline fleet (many are new deliveries). They're taking about as long as pmUA did with the Shades of Blue livery. At this rate, they should be just about finished by the next merger.

atcsundevil wrote:

Ishrion wrote:

United's new livery was revealed one year ago on this day.

Has it really been that long? Wow. They've only done 10% of the regional fleet, and less than 10% of the mainline fleet (many are new deliveries). They're taking about as long as pmUA did with the Shades of Blue livery. At this rate, they should be just about finished by the next merger.

Keep in mind, that a lot happened when they announced that. The MAX was removed from service which reduced their available downtime and now they have no money. In an ideal world, I am sure it would move quicker.

atcsundevil wrote:

Ishrion wrote:

United's new livery was revealed one year ago on this day.

Has it really been that long? Wow. They've only done 10% of the regional fleet, and less than 10% of the mainline fleet (many are new deliveries). They're taking about as long as pmUA did with the Shades of Blue livery. At this rate, they should be just about finished by the next merger.

It was emphasized that most aircraft would get the new livery at normal repainting intervals, so the process was going to be fairly protracted in any event.

With the majority of the fleet idle, in storage, the timetable is pushed out even farther, although there will (sadly) be fewer airplanes needing paint after retirements/removals necessitated by this crisis.

atcsundevil wrote:

Ishrion wrote:

United's new livery was revealed one year ago on this day.

Has it really been that long? Wow. They've only done 10% of the regional fleet, and less than 10% of the mainline fleet (many are new deliveries). They're taking about as long as pmUA did with the Shades of Blue livery. At this rate, they should be just about finished by the next merger.

A little harsh....

The new livery repaint was glowing slowly because of the MAX groundings and the Covid induced financial crisis certainly is not helping.

United1 wrote:

atcsundevil wrote:

Has it really been that long? Wow. They've only done 10% of the regional fleet, and less than 10% of the mainline fleet (many are new deliveries). They're taking about as long as pmUA did with the Shades of Blue livery. At this rate, they should be just about finished by the next merger.

A little harsh....

The new livery repaint was glowing slowly because of the MAX groundings and the Covid induced financial crisis certainly is not helping.

Relax guys, I was just joking. Nothing about the past year has been normal.

FYI:
UA now using RFD for storage:
319: N839UA, N897UA
320: N402UA, N405UA, N409UA, N429UA, N454UA, N456UA, N486UA
738: N26215

FlyingMSY wrote:

S2-AHC, one of United's used 73Gs yet to enter service, is shown on here being parted for scrap. Is there any indications that the transfer was canceled or something?

Indeed scrapped.

codc10 wrote:

atcsundevil wrote:

Ishrion wrote:

United's new livery was revealed one year ago on this day.

Has it really been that long? Wow. They've only done 10% of the regional fleet, and less than 10% of the mainline fleet (many are new deliveries). They're taking about as long as pmUA did with the Shades of Blue livery. At this rate, they should be just about finished by the next merger.

It was emphasized that most aircraft would get the new livery at normal repainting intervals, so the process was going to be fairly protracted in any event.

With the majority of the fleet idle, in storage, the timetable is pushed out even farther, although there will (sadly) be fewer airplanes needing paint after retirements/removals necessitated by this crisis.

At least in this case the new livery isn't so different from the old livery. When there are two aircraft next to each other with the old/new livery, it's not as jarring as it was when a Battleship Grey aircraft was next to a Shades of Blue aircraft... That looked like two different airlines!

Same people that bashed UA for “taking too long” (they didn’t) switching from grey to blue are now peachy with the slow time they’re switching from the CO livery to the CO livery on steroids.

But the virus!! Yeah, and back then they still had to deal with Ch.11, SARS 1, bird flu, higher oil prices, worst recession since the depression, and far more competitive landscape. They still got unfairly bashed while airlines like DL and WN took their sweet time and nobody here cared.